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Investor Presentaiton

2022 AS A NEW REFERENCE FOR OUR GROUP • Positive Full Year operating result of €1.2bn, above 2019 level Passengers carried -19% 104m 45m 34m €27bn 83m Group revenues -4% €14bn €11bn €26bn 2019 2020 2021 2022 2019 2020 2021 2022 • Adjusted Operating Free Cash Flow €1.9bn of €0.7bn further • Positive net income income strengthening the balance sheet • Solid €10.6bn cash at hand and strong net debt reduction by €1.9bn versus Dec 2021 resulting in Net Debt/EBITDA ratio of 1.8x Operating result +€0.1bn FTE's¹ -11.8% 85.6k €1.1bn €1.2bn 76.9k 73.1k 75.5k -€1.6bn -€4.5bn 2019 2020 2021 2022 2019 2020 2021 2022 • Total transformation savings €2.1bn by the end of 2022 1) December snapshot AIRFRANCE KLM GROUP 5
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